NOT LISTED FOR SALE

773 Dorothy St Unit A Chula Vista, CA 91911

Otay Town Neighborhood

Estimated Value: $924,267 - $1,123,000

6 Beds
4 Baths
2,160 Sq Ft
$480/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $585,000 $271 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,214/month

73 Days on Market

About This Home

As of July 2018

The Dorothy Street Rentals consists of a duplex with two 3Bedroom/2Bath units and two, two-car garages. The value-add offering has immediate upside in rents. Property was listed well below its recently appraised value. Appraisals will be provided during DD process. Property can be purchased together with: 775 Dorothy St, Chula Vista 777 Dorothy St, Chula Vista 326-28 Zenith St, Chula Vista

Last Agent to Sell the Property

Matthew Brothers

Acre Investment Real Estate License #01704743 Listed on: 03/19/2018

Last Buyer's Agent

Edgar Romero

Rise Realty License #02030128

Rise Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,334

Year Built

  • Built in 1972

Lot Details

  • 7,620 Sq Ft Lot
  • Cross Fenced

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for trash, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 622-072-74-00

Community Details

Overview

  • 2 Units
  • Duplex Community

Building Details

  • Net Operating Income $26,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,334

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Dorothy & Industrial
  • Neighborhood: Souther Chula Vista
  • LP / Sq Ft: 17.96
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1972
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Cross Fencing

Condo/Co-op/Association

  • Complex Name: Duplex
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 622-072-74-00
  • Estimated Lot Sq Ft: 7620

Rental Info

  • Tenant Pays: Trash, Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 26103
  • Annual Expense Actual: 10757
  • Annual Expense Projected: 10757
  • Gross Rent Multiplier Actual: 16.0
  • Gross Rent Multiplier Projected: 13.0
  • Gross Sched Income Actual: 38400
  • Gross Sched Income Projected: 45480
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Hernandez Conny
Bought by
Hernandez Luis G
Current Estimated Value
$1,035,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Outstanding Balance
$531,397
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$453,917

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jul 27, 2018
Sold by
Hernandez Conny
Bought by
Hernandez Luis G
Seller's Agent
Matthew Brothers
Acre Investment Real Estate
Buyer's Agent
Edgar Romero
Rise Realty
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$438,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jul 4, 2018
Sold by
Neely Properties Lp
Bought by
Hernandez Luis G
Seller's Agent
Matthew Brothers
Acre Investment Real Estate
Buyer's Agent
Edgar Romero
Rise Realty
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2006
Sold by
Neely Dale L and Wilson Neely Penni L
Bought by
Neely Properties Lp

Purchase Details

Closed on
Mar 10, 2004
Sold by
Peterson El Roy and Peterson Beverly
Bought by
Peterson El Roy and Peterson Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,200
Interest Rate
4.35%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 26, 2004
Sold by
Roy El and Peterson Beverly
Bought by
Peterson El Roy and Peterson Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,200
Interest Rate
4.35%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 14, 2002
Sold by
Peterson Elroy and Peterson Beverly
Bought by
Peterson Elroy and Peterson Beverly

Purchase Details

Closed on
Dec 2, 2000
Sold by
Neely Dale L
Bought by
Peterson El Roy and Peterson Beverly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.35%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Luis G -- Pacific Coast Title Company
Hernandez Luis G -- Chicago Title Company
Hernandez Luis G $585,000 Chicago Title Company
Neely Properties Lp -- None Available
Peterson El Roy -- --
Peterson El Roy -- United Title Company San Die
Peterson Elroy -- --
Peterson El Roy $210,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Luis G $577,500
Closed Hernandez Luis G $442,000
Closed Hernandez Luis G $438,750
Previous Owner Peterson El Roy $347,200
Previous Owner Peterson El Roy $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $585,000 -2.3% $271 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $599,000 -- $277 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,334 $652,574 $429,473 $223,101
2024 $8,334 $639,779 $421,052 $218,727
2023 $7,984 $627,236 $412,797 $214,439
2022 $8,070 $614,938 $404,703 $210,235
2021 $7,857 $602,881 $396,768 $206,113
2020 $7,712 $596,700 $392,700 $204,000
2019 $7,627 $585,000 $385,000 $200,000
2018 $5,059 $361,790 $151,819 $209,971
2017 $5,198 $354,697 $148,843 $205,854
2016 $5,047 $347,743 $145,925 $201,818
2015 $4,864 $342,521 $143,734 $198,787
2014 $5,117 $335,813 $140,919 $194,894
Source: Public Records

Agents Affiliated with this Home

  • Matthew Brothers

    Seller's Agent in 2018

    Matthew Brothers

    Acre Investment Real Estate

    (760) 230-8099

    3 Total Sales

    Matthew Brothers
    Section Image
  • Edgar Romero

    Buyer's Agent in 2018

    Edgar Romero

    Rise Realty

    (619) 248-5778

    11 Total Sales

    Edgar Romero
    Section Image
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Map

Source: San Diego MLS

MLS Number: 180014117

San Diego MLS

APN: 622-072-74

California San Diego County Chula Vista 91911 Otay Town

773 Dorothy St Unit A, Chula Vista, CA

This home is located at 773 Dorothy St Unit A, Chula Vista, CA 91911 since 19 March 2018 and is currently estimated at $1,035,817, approximately $479 per square foot. This property was built in 1972. 773 Dorothy St Unit A is a home located in San Diego County with nearby schools including Harborside Elementary School, Castle Park Middle School, and Castle Park High School.

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